Turnkey Grocery Business For Sale
Business Description
Established Vietnamese grocery store operating successfully since 2008 in Downtown Kansas City, MO. This turnkey operation serves as the primary Asian market in the River Market area, offering comprehensive selection including grocery items, fresh produce, meats, seafood, frozen goods, teas, kitchen equipment, and clothing.
Business Financial Performance:
- Annual Revenue: $3,235,194
- EBITDA: $375,865
- EBITDA Margin: 11.6%
- Established customer base with 16 years of continuous operation
Property Details:
- Large format 18,000 square foot retail space
- Monthly lease: $3,500 ($2.33 per sq ft) + Taxes and all maintenance and repairs
- Lease term through July 31, 2027
- Prime downtown location with excellent visibility
Business Highlights:
- Top-rated establishment with excellent reputation
- Well-organized, clean store layout
- Comprehensive product variety serving diverse customer needs
- Strong market position as primary Asian grocery destination
- Loyal customer base built over 16 years
Operational Advantages:
- Most existing staff willing to remain post-sale
- Turnkey operation with all fixtures, furniture, and equipment included
- Established supplier relationships and operational systems
- Ideal location and building suitable for any grocery format
Sale includes all business assets, fixtures, furniture, and equipment. Inventory valued at $600,000 will be sold separately. Current owners are retiring after successful long-term operation.
This represents an exceptional opportunity to acquire an established grocery business with strong fundamentals, prime location, and growth potential in Kansas City's downtown market.
Business Financial Performance:
- Annual Revenue: $3,235,194
- EBITDA: $375,865
- EBITDA Margin: 11.6%
- Established customer base with 16 years of continuous operation
Property Details:
- Large format 18,000 square foot retail space
- Monthly lease: $3,500 ($2.33 per sq ft) + Taxes and all maintenance and repairs
- Lease term through July 31, 2027
- Prime downtown location with excellent visibility
Business Highlights:
- Top-rated establishment with excellent reputation
- Well-organized, clean store layout
- Comprehensive product variety serving diverse customer needs
- Strong market position as primary Asian grocery destination
- Loyal customer base built over 16 years
Operational Advantages:
- Most existing staff willing to remain post-sale
- Turnkey operation with all fixtures, furniture, and equipment included
- Established supplier relationships and operational systems
- Ideal location and building suitable for any grocery format
Sale includes all business assets, fixtures, furniture, and equipment. Inventory valued at $600,000 will be sold separately. Current owners are retiring after successful long-term operation.
This represents an exceptional opportunity to acquire an established grocery business with strong fundamentals, prime location, and growth potential in Kansas City's downtown market.
About the Business
- Years in Operation
- 18
- Employees
- 7 Full-time
6-7 full-time employees who will likely stay-on plus 6 family members will be re - Facilities & Assets
- The Hung Vuong Market has been operating since 1994 and since 2008 at 303 Grand Blvd. It's located in the heart of Downtown Kansas City, Missouri right on the street car line and across from the Downtown Farmer's Market. The 18,000 SF grocery store has an 18,000 SF basement. The owners of the market currently lease their space. A new lease can be negotiated directly with the building owner. If a new grocer wants to own the building, they can negotiate directly with the building owner. All fixtures, furniture, and equipment is included in the $1,200,000 sales price. The grocery inventory will be sold separately and is estimated at approx. $600,000.
- Market Outlook / Competition
- The Hung Vuong Market serves as the primary Asian market in Downtown Kansas City, Missouri offering an excellent selection of produce, meats, seafoods, groceries, kitchen equipment and even clothing.
- Opportunities for Growth
- This location and building are ideal for any type of grocery business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 18,000
- Rent
- $3,500.00 per month
- Lease Expiration
- 7/31/2027
About the Sale
- Seller Motivation
- Owners are retiring
- Transition Support
- Most of the staff wants to remain. The owner/family will be retiring.
Listing Info
- ID
- 2501547
- Listing Views
- 76
Attached DocumentsAttachment Disclaimer
Hung Vuong Market - Sale Brochure.pdf
Hung Vuong Market - Equipment List.pdf
Hung Vuong Market_Confidentiality.pdf
Business Location
Listing ID: 2501547 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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